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inspired the nation." >>> the man accused of walking into sandy hook elementary school in shenandoah county, virginia with a two by four will be in court. the incident happened last week in strasburg. 33-year-old christopher johnson wrote high-powered rifle on the board. police say he made general statements about school safety. nobody was hurt. johnson is now charged with disorderly conduct. >>> today is the first day of the nation's gun show in chantilly. protesters plan to be out in full force. the group code pink is preparing to demonstrate outside the dulles expo center. do you remember this? this was at that nra announcement. the group interrupted that conference last week and say they want stricter regulations when it comes to buying guns. >> rules on gun shows are very loose. and feeling is that this is not a sane way to protect you and me and our kids. >> despite the protests, gun stores say they've actually seen a huge increase in sales because many fear stricter regulations in light of the newtown school shooting. >> 6:05 is our time now. we're a little more than 48 hours away if
of hot water for making nice with president obama in the wake of hurricane sandy. >> 2.8 million people without power. i've watched these extraordinary scenes over new jersey today, really quite unprecedented. i've never seen anything quite like it. have you ever seen anything like this in your lifetime? >> no, i haven't. you know, you see sights like the seaside heights board walk where the program "the jersey shore" is filmed, the board walk is gone. it is gone. music rides, roller coaster ride, in the ocean. it's incredible. homes destroyed. it's an awful thing. >> you've taken charge, as you've always done in these situations, in a very impressive way. people have been surprised you've been so outspokenly supportive and praiseworthy to the president. i'm not surprised knowing you but explain to me why you were happy to do that so close to an election when some might say politically that wasn't the best thing to do. >> this is much more important than any election, piers. this is the livelihood of the people in my state. when the president does this evenings that deserve praise, i wi
that are already reeling from superstorm sandy. >> the winds were very strong last night. plus we are more vulnerable now because we don't have any sand out on the beach. >> we went through the previous storm and it was bad. i didn't expect another one that quickly. >> and harris, forecasters predicting an additional 4-8-inches of snow overnight in maine. back to you. >> harris: and ney kooiman thank you very much. let's learn more about what is coming. >> watching the storm moving east of new england. see it almost in the swirl in the cloud cover. there located in the large circulation coming around the storm. still strong windy conditions through the northeast and heavy snows flying across northern new england on into northern maine. the storm did leave behind a swath of snow west of new york city and into southern new england. a 4-8-inch swath of snow and up towards northern and central new england those areas picking up 10-15-inches of snow. not great news for travelers but better news for the ski resorts which had a devastating winter last year. >> harris: we still have another hall d
been dozens of gun-related deaths since the sandy hook massacre and the nra is still doubling down on its plan to add more guns to schools. >> if it's crazy to call for putting police and armed security in our school to protect our children, then call me crazy. >> that's the wrong debate to have if you want to talk about protecting our children. >> well, this time the nra's remarks could actually be a good thing for more gun regulation. we'll explain why next on "now." [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.
, superstorm sandy. they do not think it was consumers fear got as much as it was on the drops of the markets in the middle east. back to you. lori: i think they did more online also. joining us now is founder and resident of sica wealth management. this is what i am thinking about with this disappointing sales. it is so difficult for the federal government. people are wary of all of the uncertainty. they are keeping their pocketbooks closed during this all-important spending season. do you see that as an interesting perspective? >> i think at this point, here you have this santa claus rally which is a market phenomenon that makes sense until it doesn't. that works until it doesn't. coming into this season we would have a typical 1.7% increase in the s&p 500. now, we are dealing with questions that will remain unanswered until january. that uncertainty makes investors anxious. tracy: we have for trading days left. what should we be doing? what should people be doing over the course of the next couple trading days? >> i think people should really look at their capital gains. we are at a point
. kelly: we do. jamie: a new tribute to the victims of the sandy hook school shooting. we can't do enough to let them know we care. a community far from connecticut got together to honor those killed. that story is on its way ♪ kelly: britain's royal family is celebrating the christmas holiday. most of the family attending church services in london with a few exceptions, dawning a turquois coat and matching hat, queen elizabeth the ii arrived at the church early this morning with most of the royal family. the queen also delivering her yearly message to great britain and the commonwealth, this year in three defor the first time. reminding people to keep soldiers, first-responders and their families in their hearts on christmas. >> for many christmas is also a time for coming together but for others service will come first. those serving in our armed forces, in our emergency services, and in our hospitals whose sense of duty takes them away from family and friends will be missing those they love. and those who have lost loved ones may find this day especially full of memories. that's why
for their slow response from superstorm sandy and getting power turned back on for those residents who were in the dark and the cold for a couple of weeks. our plans changed a little bit last night. we decided to spend the night in clarks summit because the road conditions deteriorated and we didn't want to go farther north. the borough president told me their snow totals were down last year and they were able to stockpile some of the salt from the roadways last year and that's what they're using for this storm. council president says they're happy this first snowstorm of the season hasn't been a major blizzard for them. >> we're on a good track this year and, you know, the weather, you take what you get. and, we're going to make lemonade out of it i guess. >> reporter: and for holiday travelers trying to make it home this weather has really thrown a wrench into their plans. a jetliner in pittsburgh actually got trapped somehow in the snow on the tarmac. as far as cancellations go, there were 1600 of them yesterday. more than 500 already today. and the airports in newark, new jersey, and al
in one of the deadliest school shootings in u.s. history. >> tragedy at sandy hook elementary. >> this is unspeakable what happened in this town. >> innocent children shot dead in their classrooms. the victims, 16 6-year-olds, 4 7-year-olds with 6 adults. >> emilie's laughter was infectious and all those who had a pleasure to meet her would agree this world is a better place because she's been in it. >> in newtown, connecticut, an outpouring of kindness and compassion, while a nation faced hard questions about mental health and guns. as the president issued an emotional call for action. >> for those of us who remain, let us find the strength to carry on and make our country worthy of their memory. >> randi kaye, cnn, atlanta. >>> well, also this hour, keeping an eye on a south american volcano. there is a red alert as it is called. but people are not evacuating. we'll ask an expert why and what we can expect from this. initiated. neural speeds increasing to 4g lte. brain upgrading to a quad-core processor. predictive intelligence with google now complete. introducing droid dna
is losing ground after jumping 3%. we have sandy smith at the chicago mercantile exchange. you told us oil would hit $100. we're on our way. >> we are down with today's session. people stepped in to the oil market because it was struggling. it is still negative for the year at underperforming and crude oil is down a percent and again today the word is he'll like it did deal by the end of the year and those who do as an say it will not be right where it will be bad. we still are not talking about growing jobs so there is negative sentiment crude-oil prices down when typically during of big storm prices would go up but they're dropping because there is fear we will enter a recession and the country will struggle and they say if we enter the new year we will see higher taxes, lower home values in people struggling. it is not a good. they say that's speaker boner will cave in and we will not get a good deal. >> calls it these oil cliffhanger. >> it is rattling explaining why a trading volume was down there may be at camp saying it is a good price. exxonmobil refinery near chicago jeff? >> and
. >> in washington, i am karen caifa. >> and now to connecticut were new details are emerging about sandy hooke elementary school gunmen adam lanza. for those who know him say that he was an awkward, peculiar kid who wore the same close to school every day. if they say that glance up rarely spoke once. is that he gave school presentations entirely by computer. he never said a word. >> and former high-school classmate says that lands the plague of violent video games, he always chose a military-style assault rifle as one of his weapons. lanza used an assault rifle the day of the school massacre. the details emerge one day after the nation calls for a moment of silence to remember the victims. >> in the south bay, a new gunshop is set to open today. that brings the debate of gun control to lost out as. templar sports will open its doors just one block from a playground. some residents like the idea, they said the locally owned a business will bring much-needed revenue to the community. others are against the gun shop in light of the connecticut shooting and a recent battle over gun control. templ
, michael moore, waived his right to a hearing. >>> today the man accused of walking into sandy hook elementary school in virginia with a 2 by 4 will also be in court. that happened last week in strasburg. 33-year-old christopher johnson wrote high-powered rifle on that board. he made general statements about school safety. no one was hurt. johnson is charged with disorderly conduct. >>> the loudoun county sheriff's office is investigating a deadly shooting. it happened around 7:00 last night in sterling. deputies found the victims shot to death near great trail terrace and trail run terrace. his name has not been released. detectives believe the man was targeted. anyone with information about this case is asked to call police. >>> a busy day at the mall turned to chaos in newport news, virginia. police were called to the patrick henry mall last night for the report of a fight. they controlled the situation and left. but they had to come back less than an hour later. they found a mob of teenagers fighting. when officers stepped in, the teens started targeting police officers. five te
diving into the new year. trying to get back to normal for sandy hook students. the nra won't back down on its gun stance. the royal couple missing christmas with the queen. santa tracker gets competition. details on all those stories throughout the hour. but first -- new today, after refusing to let anyone ask him anything during a public statement friday, the ceo of nra is facing challenging questions today. this is from "meet the press." >> there is no new gun regulation -- >> this is what would work. >> if every -- >> i'm asking you a direct question. is there any new gun regulation you'd be willing to support? >> i'm giving you the answer. >> you're saying you should prosecute more criminals. >> i'm asking you if there's a new gun regulation after the debates of the '90s and so forth today, could we make the assault weapons ban better, any more effective? >> you want one more law on top of 20,000 laws. most of the federal gun laws we don't even adhere to. >> the other big story in washington, nine days until the fiscal cliff and no deal in sight with the president and congress home
have to put that in perspective the sandy supplemental bill started out $60 billion. one storm could wipe out all the savings or. adam: that sandy supplemental bill is 60 billion, 45 billion according to taxpayers for common sense is stimulus spending that doesn't involve the hurricane. dan, i will come back to you after we listen to sound bite from harry reid, senate majority leader commenting on the negotiations today. here is what he said. >> okay. we had a long meeting in the white house. it was very constructive. we hope that it will be bear fruit but that is what we hope ad lot. i think that the next 2 hours will be very instructive what we're able to accomplish. >> was there progress? discussion of a concrete proposal? >> we talked about a lot of things. there is no concrete proposal at this time. we have a number of different directions we'll try to take and we're going to see what can be worked out. >> will you work on a piece of legislation? >> pardon me? >> is it a good sign or bad sign you guys are not talking much after this meeting?. >> i hooe everything is a good sign.
for or against stricter gun laws and after the sandy hook shooting when a troubled 20 year old fired his way in a yute to execute 20 women and six women. there was great n interest in the >>nr'ses-- nra's response. >> only way to stop is to be involved and the only thing that stops a bad guy with a gun and a good guy with a gun. so how did americans react to this? a gall up. 53 percent agreed and increasing police presence in schools would be effective and third some what effective and 12 percent said not effective. half of those polls said increasing mental health screen treatment would be effective. when asked if banning the salt of assault and semifour oust 10 said yes. two out of 10 some what and more than a third said it would not be effective. connecticut attorney general said the nra missed an opportunity here. >> the nra statement is sadly inadquate calling for more guns and rejecting real action. at a defoining moment for our nation and demanding courageous leadership the nra decline to step forward as a constructive parter. >> that is from the forevermore attorney general and now s
through the clinton foundation sandy recovery. > recovery. >> schieffer: what is she going to do? is she going to run for something, too? >> a lot of democrats hoped she would run fair congressional seat. we're told that's not the case. but she'll be out there sort of as the clinton face, as-- >> this lack of disclosure i think is trouble responsible i really do think there should be more information, more data, more disclosure about what happened and when it happened and some ability to question those who are treating her. she's a very important government official-- >> she's a clinton. >> from her own perspective if she has a political future, i think this ends her reign-- to pick up mike's point-- in an uncomfortable way. there's a lack of disclosure i think the public looks at and it raises unnecessary questions. >> that isn't to say-- we do get some readouts on our schedule purpose we were told she was placing calls responding to the north korean firing. she's montort syrian crisis. >> schieffer: as far as we know she's working from home. >> she is working from home, and not keeping
was superstorm sandy that hit the big shopping areas and 5 lot of the big -- a lot of the big population centers on the east coast, and people there in new york, new england did not shop, and that was sufficient enough to bring down the numbers nationwide. there was a built of a rebound prior to christmas, but not enough to put us back on track for what the national retail federation says is their prediction for the holiday shopping season. 4.1% growth over last year, $586 billion season, but others say, no, nrf is off, and, in fact, shopper trek on monday revised from 3.3% to 2.5% growth. expect to see big sales, especially when you consider, nrf says, i think, that retailers make anywhere from 20% to 40% of revenue in the holiday shopping season, could be bad news for a lot of people. ashley: could indeed. adam, thank you very much. >> yep. ashley: there's a holiday hangover today, no doubt about, that but they have to help customers know when a sale is a sale. scott, bbc capital markets retail analyst joining me in a fox business exclusive. scott, what do you mean? people are told when a sale
and callousness, but a complete disconnect from the people, she tweets that the victims of hurricane sandy are projecting negativity. she obviously has no connection to the real people. >> eric: she's probably the biggest celebrity meltdown of 11, 10. >> juliet: and keep on going. patrick. >> five years out of the past six. >> eric: there you go. >> kelly: you ask the question, where are the people who should be supporting her as well. >> juliet: elmo? >> kelly: we know what happened to him. >> eric: thank you patrick. >> juliet: where is hillary? word this morning she's heading back to work. so can we expect to finally hear from her regarding benghazi? one of the lawmakers fighting for answers coming up next. >> kelly: then we hated traffic until we saw this guy. the local reporter that dances his way through friday. >> juliet: i think we need to book him. ♪ a tree's falling ♪ . >> kelly: i love that. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a
of the year is new york and new jersey and conduct during hurricane sandy. half of them without power, subways, no gas, scenes looked like out of the dresden fire bombing. civilization didn't fall away. there was no crime or violence and things will be look better not morning. it's a testament to resilience and grace under pressure. >> paul: my piss mis go to john roberts for his ruling that the affordable care act is constitutional. he agreed with the four conservatives that the law violated the commerce clause of the constitution which was the
on the $60.4 billion emergency spending bill for hurricane sandy victims. some conservatives want the government to cut back spending in other areas in exchange for relief money. the new york and the new jersey governors ask for bigger aid packages. >>> the powerful winter storm swept through half of the country and left many in dark. arkansas, 15-inchs of snow caused widespread daniel to power lines and cutting electricity to 200,000 customers. chicago has already reached 500 homicides before the end of this year. the highest level in four years. windy city is desperate to lower its murder rate. correspondent mike tobin looks at one initiative to supporters hope will do just that. [ siren ] >> guy in the middle of the street. looks shot. >> gangland shooting part of every evening in chicago, the gun control debate is ongoing. solution passed by the cook county board of collisioners another tax. $25 on every handgun sold. this gun store owner says it's tax against the legal gun owners. >> the new tax is sold with the idea it would offset public cost of medical care for shooting vi
what happened at sandy hook elementary is unspeakable and terrible and a tragedy. there is no consensus on what to do next. and that news conference underscored the fact that that divide has not gotten any nar w narrower in the wake of that tragedy. >> no consensus and no debate. democrats, i think, paralyzed by a myth. gun control is facing, you know, there is not as much support for gun control as there was 20 years ago, but the deterioration primarily among the groups they are struggling with anyway. within the half of the electorate that is open for voting for a democrat, for the president in significant. gun control over gun rights, still an audience, not a consensus. >> i have 30 seconds. i really need a yes or a no. if the president nominates chuck hagel to be the next pentagon chief, will he be approved in the u.s. senate? >> yes. >> yes. >> okay. unanimity. happy. happy holidays, thank you, all. i appreciate it. >>> when we return, another kennedy eyes the senate seat in massachusetts. [ sniffs ] i have a cold. [ sniffs ] i took dayquil but my nose is still runny. [ male annou
, the man accused of walking into sandy hooerk elementary school in shenandoah virginia with a 2 x 4 is in court this morning. 33-year-old christopher johnson wrote "high powered rifle" on the board. police say he made general statements about school safety. fortunately nobody was hurt. johnson is now charged with disorderly conduct. >>> later this afternoon, the first day of the nation's gun show chan untilly. the same group that interrupted the nra's news conference last week and say they want stricter regulations when it comes to buying guns into the rules on gun shows are very loose and. >> the rules on gun shows are very loose and the feeling is that this is not the way to protect you and me and our kids. >> reporter: despite the protests, gun stores say they've seen a huge increase in sales because many fear stricter regulations may make it harder to get a gun in the future. >>> and now, an malfunctioning furnace is blamed for a fire at a prince george's apartment complex and now we're hearing the 911 calls for help as people watched the fire race through the building. >> calle
a major civil trial in february. >>> a memorial for sandy hook victims and a show of support for tighter gun laws in new york. hundreds of demonstrators marched over new york city's brooklyn bridge and stopped in the middle of the bridge to read the names of the children and adults killed at sandy hook elementary. >>> it is christmas eve. around the world, key events are already under way. thousands are celebrating in bethlehem, the birthplace of jesus christ. at the vatican, both benedict will celebrate with a christmas eve mass at 4:00 p.m. eastern time. >> incredible live pictures. >>> a cyber war with santa right in the middle. if you and your little ones want to keep tabs on santa this holiday season, have you options. not one, but two santa trackers. that's right the ever reliable stand by at noradsanta.org, currently over russia, and google's new version, which includes games and activities, find that at google.com/santatracker. >>> dana. >> i think we could keep it old school with norad. we can try both. ahead on "starting point," the nra doubles down on calls forearmed police of
, connecticut. >> when i heard about sandy hook i felt really bad for all the kids who had died. >> i wasn't surprised he had wanted to do something. i was surprised he wanted to follow through with it and it made me really proud. ♪ if loving you is wrong ♪ i don't wanna be right [ record scratch ] what?! it's not bad for you. it just tastes that way. [ female announcer ] honey nut cheerios cereal -- heart-healthy, whole grain oats. you can't go wrong loving it. patti ann: a remarkable story of one man's efforts still going on to return a wedding ripping to its rightful owner. douglas bendenetti, a snow chain installer in california. he was working on interstate 80 seeing a man frantically running up and down the road. he said he was looking for a his wedding ring which he lost while putting chains on the car. he gave up but he stranger kept looking for his ring. >> he wasn't wearing clothing for wither. looking for light on cell phone. it got cold and slipped off and went back looking for it and had no luck. he was disappointed. definitely disappointed. generally gave me idea of 1/8 o
putting in place on the heels of what took place at sandy hook elementary school in newtown, connecticut. they wanted to do something, the mayor of that town said we will spare no expense, we must take care of our children and why they're putting armed guards in all of their schools, getting back to what the n.r.a. said, the n.r.a. wayne laperriere said the only way to stop a bad guy with a gun is to have a good guy with a began and began a lot of talk and controversy out there, and how we should be responding. >> alisyn: it's part of the national dialog, whether that is the best deterrent or other ways to handle it. the mayor marlboro is a town i knew where, monmouth counties where i grew up. it's one of the pretty s and you can't believe there'd be an armed guard, but in this day and age the mayor said we've made a collective decision as a town we need armed security in each of our schools, with this new evil you can't sit there and hope it it doesn't happen in our town, you must protect our kids. and this is the raging debate whether it will protect the kids. there was an armed guard
tragedies like the one at sandy hook elementary school and aurora, colorado, they thought people should know which hopes are armed. but did the newspaper go too far? our legal panel will weigh in. very interesting question. kelly: a very, very special christmas lesson this little boy will never forget. >> my dad and hang out with the guys because obviously this is what i want to do when i'm older. kelly: what he was doing on christmas morning while the rest of his friend were at home opening presents. jamie: good kid. kelly: yeah iti price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all youeed is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. kelly: well there are some stories that we're tracking for you right now. a new warning for survivors and families of vi
of the sandy hook elementary school shooting tragedy speaks out. how the school principal and two other school employees saved her life. >> the three of them were shot, and they yelled back, shooter, stay put. they saved my life and the life of four others who were at that meeting. gregg: another fox news alert. this new development in the fight over the fiscal crisis as lawmakers head home for the holidays. there are reports president obama is scaling back his hope for a sweeping budget bargain with republicans. welcome to a brand new hour of "america live". i'm gregg jarrett. heather: i'm heather childers. we're in for megyn kelly. the president reportedly looking to strike a smaller deal that would extend tax cuts for the middle class without tackling spending cuts as reports surfaced that the president hasn't spoken with speaker boehner since he expressed his frustration at a news conference on friday. take a listen. >> we passed a bill to stop all the tax hikes on the american people scheduled to take effect january the 1st and we did that on august the 1st. and we proposed plans over and
on a new jersey community still recovering from superstorm sandy. take a look at this. massive street flooding in the town of sea bright yesterday after a river overflowed and combined with the ocean's high tide. homeowners say they were not prepared to handle this again. >> you say to yourself, not again, not again. >> pretty scary. we went through the previous storm and it was bad. and didn't expect another one that quickly. >> it was a little bit more intense than we anticipated. winds were very strong last night. plus we're more vulnerable now because we don't have any sand on the beach. >> it is heartwrenching it really is. but we'll get through it. sea bright is a great town. patti ann: the community is even more vulnerable now because there is so little sand left on the beach after superstorm sandy. gregg: we're getting new videotape of that heavy snow out of canada. take a look at the streets covered knee deep, driving almost impossible. several accidents reported. folks are trying to shovel the snow out of the way. there is no end in sight. >> i can not finish. then i have to
conversation with regard to gun control and mental health services in our country. i hope the story of sandy hook elementary finally catalyzes the nation and our leaders to do something substantive regarding gun control and access to mental health care services to those who desperately need it." we'll be right back. ally bank. why they have a raise your rate cd. tonight our guest, thomas sargent. nobel laureate in economics, and one of the most cited economists in the world. professor sargent, can you tell me what cd rates will be in two years? no. if he can't, no one can. that's why ally has a raise your rate cd. ally bank. your money needs an ally. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. >>> the russians don't want anybody that speaks
of the fiscal cliff threat and hurricane sandy. >>> box office gold for les miserables. it blew away all expectations. raking in $18 million on opening day. strong number one. and number two, jangle on chains, starring jamie fox and leonardo decap icaprio. and then the hob bot, parental guidance and jack reacher. >>> in the next half hour, we'll preview some of the top picks with christopher john farley of speak easy. "the wall street journal's" culture website. we'll look ahead to the movies. >>> ahead on "starting point," we showed you the winter weather in some parts of the country. the other danger? tornadoes. a man rolling the camera as he started to steer his family away from a twister, that's next. ♪ aww man. [ male announcer ] returns are easy with free pickup from the u.s. postal service. we'll even drop off boxes if you need them. visit usps.com pay, print, and have it picked up for free. any time of year. ♪ nice sweater. thank you. ♪ welcome to chevy's year-end event. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power
the pieces from hurricane sandy. >> thank you for all you have done this year on behalf of your fellow americans to. >> on behalf of my favorite americans, michelle, malia, sasha, mary christmas, everybody. >> happy holidays. >> unless president obama and congress take action, tax rates will go on everyone on gingrey first. the day after that, and mandatory sequester will go into effect -- january 1st. the day after that, and mandatory sequester will go into effect. on the 10th of may, we pass legislation that would replace the sequester which irresponsible spending cuts. the events of this past week make clearer than ever that these measures reflect the will of the house. the american people reelected president obama on election day. the also elected a republican majority in the house. they give us all the mandate. not a mandate to raise taxes on families of small businesses, and meant it for us to work together to begin solving the massive debt that threatens our future. the president and senate democrats have vowed to reject an veto all of our proposals waffling to offer responsible
billion season. the problem is spending polls track might be off. superstorm sandy hid the regions of the country where we saw the biggest dropoff in spending in that period between october 28th and dec. 20 fourth. there were some rebounds. shopping came back in the last part of holiday shopping season until christmas eve but it was not sufficient to get back on track to what everyone expected. dennis: thank you. with weaker than expected retail numbers we will be heading into a recession next year. shibani: jim laventhol says in many ways yes, but it won't be a disaster. welcome to the show. you heard what adam said, that the consumer which accounts for 70% of the gdp, spending, they are pulling back and pulled back this year and during holiday shopping season. how close are we to start getting into this talk of getting into recession again? >> we're pretty close by i appreciate your pudding a qualifier that we don't have to go into a panic. there are a couple reasons for that. if you look at the stock market which is mainly where people place risk bets on growing their assets it
provisions of the fisa act. the other is a pack abbling for areas affected by hurricane sandy. you can follow live coverage of the senate on c-span2. and house members are on stand by as negotiations continue over the so-called fiscal cliff. >> now a conversation on hollywood's portrayal of politics and policy making in movies and tv shows. among those we'll hear from the crete or the of the show "homeland." this is an hour 20 minutes. >> good evening again. welcome back to the forum. i'm not the one you'll be applauding for. you know we have public events, public forums in our headquarters campus about once a month. and we've had former presidents and foreign ministers and ambassadors and please chiefs. we have never, to my knowledge, had anybody who has ever created, let alone starred in movies or tv series until tonight. and we have michael lynn on the to thank for that. mike sl co-chair politics aside 2012 just like 2010 and he of course is a ran strust tee so we're delighted to have him. he'll moderate tonight. and with him and i'll ask the panel to come forward. howard gor dan and micha
for a permanent memorial honoring the 26 victims of the sandy hook massacre. all the flowers, letters, photos, teddy bears, all of those things around newtown will be turned into soil and blocks to be used in foundation of a future memorial. >>> all right. this video will have you thinking twice next time you park illegally. a town in russia writes more than just tickets, people. they don't mess around. they move your car with a crane. just picking it up with a claw and taking it out somewhere. it's clucked out and dumped into this truck and taken to siberia. [ laughter ] >> kelly: oh, man. >> clayton: you're going to have scratches on the top 6 your car, i'm sure. >> juliet: if it's taken in a truck, that's bye-bye. >> kelly: we got more to discuss. we're getting a look this morning at president obama boarding air force one and leaving hawaii after spending a few days there for his christmas vacation. the president is in the air right now, we understand, heading back to washington with just five days until we fall off the fiscal cliff. doug, who was in hawaii with the president this past --
for sandy on the east pork inhere's a lot of that. call your delegates. my question to you, in regard to what i've heard on president obama in regard to social security is trying to incorporate changes cpi -- chained cpi. a person would pay $1,200 more in one year and over. 30 years, $28,000. could you go in depth on that for me? guest: there are different ways of computing the consumer price index. one of those is to change how much we saved for food and shelter and so forth for the proportions of the previous year as opposed to a base year. that gives you a somewhat lower rate of inflation. economists would argue that is more realistic and a fairer way to index and the government benefits. i have a problem with that. as an economist, i'm interested in perfection of measurement. as a guide u.s. to operate in washington, i am also concerned with equity. older folks really have a different basket of goods than and people. when was the last time grandma and grandpa went out and bought a suite of bedroom furniture. young folks do that. where is older folks spend much more in health care.
of things -- what happened to those children was awful. what happened to those people from superstorm sandy was awful. when we bomb and destroy andple's homes and children', it is not a declared war. those people suffered just as much as these people do. the other thing -- we have senators, like mitch mcconnell, and he, his wife, and his in- laws benefit from his position because they are part of a chinese shipping magnate. his wife was secretary of trade under the bush administration. they are using their position to help china, and china is the biggest abortion country in the world. when you throw all this into a big mixture, you cannot blame the gun. host: thank you for the call and comment. a bitter fight had on gun control, according to the washington post. we are following some of the options on what is next. speaker boehner is confronting a political cliff over the budget track is, putting out that the speaker's leadership and legacy remained at stake. they point out that in a show of support, house leader eric cantor. at a news conference with the speaker in a call to extend the tax
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